Articles from www.bloomberg.com

Articles from www.bloomberg.com

Only 4% of the startups in YC's 2026 spring batch had a native mobile app as their main product, down from 15% in 2013, as startups focus on AI and agents (www.bloomberg.com)
25 days ago Mobile Startup AI

Sources: Microsoft plans to expand its data center capacity from 12 GW today to 38+ GW by 2032, with about a third of the 38 GW centered on AI-specific chips (www.bloomberg.com)
25 days ago Microsoft AI

Sources: PIF is considering combining EA with Savvy Games to better coordinate its gaming assets, but not before Savvy closes its $6B Moonton acquisition (www.bloomberg.com)
26 days ago Asset

TAR, which builds off-grid power systems for data centers, raised a $120M Series A led by Spark Capital at a ~$1B valuation (www.bloomberg.com)
26 days ago

Nasdaq invests $100M in Kraken parent Payward, valuing the cryptocurrency exchange at $21B; Kraken will distribute Nasdaq's tokenized stocks (www.bloomberg.com)
26 days ago Cryptocurrency

Bending Spoons agrees to acquire Miro in an all-cash transaction valuing the workplace-collaboration platform at $1.36B (www.bloomberg.com)
26 days ago

Sources: Nasdaq is investing $100M in Kraken parent Payward, valuing the cryptocurrency exchange at $21B; Kraken will distribute Nasdaq's tokenized stocks (www.bloomberg.com)
26 days ago Cryptocurrency

Anthropic gives EU cybersecurity agency ENISA testing access to Mythos 5 after months of talks that began in late May; ENISA still lacks access to Mythos 5.1 (www.bloomberg.com)
26 days ago

Sources: Grab is in talks to buy a majority stake in Advance Intelligence Group's Singapore-based BNPL platform Atome Financial at a $2B+ valuation (www.bloomberg.com)
26 days ago Singapore Intelligence

Sources: Alibaba is set to lead a $300M round in AI model testing startup UniPat AI at a $2.5B valuation; UniPat founder Li Kuan worked at Alibaba's Tongyi Lab (www.bloomberg.com)
26 days ago Alibaba Startup AI

UK PM Andy Burnham declines to support a data center moratorium, saying it is “important” local communities see the benefits of building data centers (www.bloomberg.com)
27 days ago

Sources: Dell seeks to raise ~$4B via an investment-grade bond sale to refinance outstanding notes due in 2026, amid the AI-driven demand for servers (www.bloomberg.com)
27 days ago AI

Legal AI startup Harvey raised $550M co-led by Lightspeed and Diffusion at a $15.6B valuation, up from an $11B valuation when it raised $200M in March (www.bloomberg.com)
27 days ago Startup AI

Lyft begins to offer Waymo rides in Nashville at no additional cost, the second city where it is offering robotaxi trips, as it plays catch up with Uber (www.bloomberg.com)
27 days ago Uber

Suno rolls out v6, a new line of AI models trained in partnership with WMG and BMG, and says it will pay labels and publishers royalties when models are used (www.bloomberg.com)
27 days ago AI

Google plans to invest €13B in Finland, its biggest investment in Europe to date, over two years to build three new data centers and expand an existing center (www.bloomberg.com)
27 days ago Europe Google Finland

Sources: Apple's first foldable will be called iPhone Duo, with prices starting at $2,000 for 256GB of storage and sales starting as early as October (www.bloomberg.com)
27 days ago iPhone Apple

Sources: Apple is set to debut the foldable iPhone Duo at $2,000+ with 256GB of storage, with sales starting as early as October, in white and dark blue (www.bloomberg.com)
27 days ago iPhone Apple

Chime agrees to acquire longtime banking partner Stride Bank for $590M; Stride will become Chime Bank, a wholly owned subsidiary; CHYM jumps 8.5%+ after hours (www.bloomberg.com)
27 days ago

Meta's personal AI agent Muse is powered by Muse Spark 1.3 and is free for up to 100M tokens per week, with $20 and $100 monthly tiers (www.bloomberg.com)
28 days ago AI

Sources: Ramp is in early talks to raise about $1B at a ~$60B valuation, up from $44B in June; Ramp has raised $3B to date (www.bloomberg.com)
28 days ago

AI coding startup Cognition raised $2B at a $48B valuation, up from $26B in May, and says its run-rate revenue grew from $492M in May to ~$900M (www.bloomberg.com)
28 days ago Startup AI

UK seeks to force Apple and Google to block children from taking, viewing, or sharing nude images on their devices, and praises Apple's age-based restrictions (www.bloomberg.com)
28 days ago Google Apple

Runway co-CEO Anastasis Germanidis says the startup's annual recurring revenue hit $200M in September; source: it expects ARR to cross $350M by the end of 2026 (www.bloomberg.com)
28 days ago Startup

Celero, which is developing a chip to enable long-distance connections between AI data centers, raised $275M at a $3B+ valuation (www.bloomberg.com)
28 days ago AI

A look at Apple's path to a foldable phone, the iPhone's biggest design change yet; sources: the memory shortage led Apple to blow past its $1,999 price target (www.bloomberg.com)
28 days ago iPhone Apple

A look at Apple's path to a foldable device, the biggest change in iPhone history; sources: memory shortages led Apple to blow past an early $1,999 price goal (www.bloomberg.com)
28 days ago iPhone Apple

Forus, which uses AI to help patients get prescribed drugs more quickly by navigating steps like insurance coverage, raised a $150M Series C at a $3B valuation (www.bloomberg.com)
28 days ago AI Insurance

Samsung and TSMC commit to using ASML's High NA EUV machines by 2028 and 2030, joining Intel, with all four agreeing to shift from 6-inch to 12-inch photomasks (www.bloomberg.com)
28 days ago Intel Samsung

Sources: Anthropic has walked away from talks to acquire Decart for ~$6B after performing due diligence on the startup (www.bloomberg.com)
28 days ago Startup

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